-- Increased global competition and the resulting pressure on prices is
driving initiatives in Corporate Performance Management (CPM). In
manufacturing industries such as metals and chemicals, the increase in
offshore capacity requires even greater efficiency in operations in order
to maximize profits. The growth in the CPM market is solid evidence of
corporations' desire to find innovative ways beyond the traditional
management of margins and costs to optimize profitability.
-- Manufacturers are seeking greater use of the data that they now have
available, especially as a competitive weapon. The growth in CPM efforts is
also driven by the greater availability of data within organizations.
Having spent millions of dollars in enterprise systems to capture sales,
cost and production data, manufacturers are looking for ways to use this
data to increase efficiency, compete more effectively and thereby increase
profits.
-- Applications which target specific challenges are emerging to extend
the use of business intelligence in the enterprise. While BI tools have
provided strong value to organizations in being able to analyze the wealth
of historical data now available, new BI applications can address specific
challenges such as the combining of margin and production velocity.
"Over the past several years, we have seen increasing interest on the part
of manufacturers to combine margin and production run-rate data to make key
everyday decisions on product, customer and asset mix," added Rothschild.
"Being able to do this yields a metric we call Profit Velocity. This metric
is directly analogous to Return on Assets (ROA), the metric most of
interest to shareholders. Using ROA at an operational level allows
manufacturers to squeeze more profits out of the organization."
The competitive environment along with the availability of data and CPM/BI
applications to utilize it are driving more precise efforts to improve
profits.
About Maxager Technology
Founded in 1996, Maxager's patented enterprise profit optimization (EPO)
solutions help leading chemicals, metals, electronics and other complex
manufacturers such as Dow Chemical Company, Owens-Illinois and Siliconware
Precision Industries increase cash and profit worth 3-5% of revenue.
Uncovering profit gain opportunities that are obscured by traditional
"margin only" analysis, Maxager uses both margin and production velocity
information to analyze history and generate realistic forward modeling that
provides management teams an entirely new level of control over Return on
Assets (ROA) -- the key driver of shareholder value.
Ideal for manufacturers with a wide range of products, customers and
assets, Maxager's unique technology calculates precisely how fast each
product, customer, or market generates cash and profit from the assets,
allowing managers to truly optimize product mix & customer mix
profitability, sales & profit planning, strategic pricing, and production
planning. New customers typically begin reaping benefits within 60 days.
Maxager is headquartered near San Francisco with offices in Europe and
Asia. For more information, visit www.maxager.com or call +1.888.MAXAGER.
©2006 Maxager Technology. All rights reserved. Maxager is a registered
trademark of Maxager Technology, Inc. All other trademarks are the sole
property of their respective owners.
Contact Information: Media Contact: Juliet Travis (510) 452-3771 Email Contact